"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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US Retail FX client assets drop to multi-year lows
Well, the regulators have done it. After several years of (over-)regulation of the forex and futures industry in the US, cutting allowed leverage for traders and making it prohibitively expensive for all but the largest brokers to operate, US retail FX trading has dropped to a multi-year low. CFTC filings show that assets held by US retail traders fell to $595 million in April 2014 – their first-ever reporting below the $600 million level and thus their lowest level since the CFTC began reporting these figures in 2009. The CFTC data really shouldn’t be surprising. Over the past several months we’ve reported on ... (full story)
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